Sunday, 23 February 2025

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American construction worker fixes large machinery
AnalysisBusinessCritical MineralsEconomyElectricityEmissionsManufacturingOpinionTrade

US should lead global decarbonization to help climate and economy: report

A pro-U.S. climate policy would prioritize domestic economic and geopolitical interests while leading global decarbonization efforts.

The corporate logo for Tourmaline Oil Corp. is shown in this undated handout photo. THE CANADIAN PRESS/HO Tourmaline Oil Corp. *MANDATORY CREDIT*
BusinessInfrastructureNewsTransmission

Topaz Energy to acquire royalty interest in Tourmaline properties

Tourmaline Oil signs a $278.2M deal with Topaz Energy, granting Topaz royalty interests on 3M acres in Alberta and B.C.

FILE PHOTO: A sign of Citgo Petroleum is seen at its headquarters in Houston, Texas, U.S., January 11, 2024. REUTERS/Go Nakamura/File Photo
BusinessFinanceNewsOil

Citgo share auction creditors oppose terms of Elliott-affiliate’s bid

Creditors criticize Elliott's $7.3B Citgo bid, claiming it won’t cover Venezuela’s $21.3B debt from expropriations.

General Motors reported lower overall sales but the introduction of the Chevrolet Equinox EV helped boost electric auto sales (AFP)
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

GM reports US sales dip, but says EVs grew

GM reported a 2.2 per cent drop in Q3 US sales but highlighted 46 per cent growth in EV sales, steady pricing, and...

FILE PHOTO: A solar field is seen on site at First Solar in Perrysburg, Ohio July 8, 2022.  Picture taken with drone. REUTERS/Megan Jelinger/File Photo
BusinessEconomyElectricityIndustryInfrastructureNewsPoliticsRegulationsSolarTradeTransmissionUtilities

US sets preliminary new duties on solar imports from Southeast Asia

The U.S. imposes anti-subsidy tariffs on Southeast Asian solar imports, with rates ranging from 0.14 per cent to 3293.61 per cent.

FILE PHOTO: The BYD EV Dolphin Mini is displayed as the Chinese electric-vehicle producer announces the launch of the low-cost EV in Mexico City, Mexico February 28, 2024. REUTERS/Toya Sarno Jordan/File Photo
BusinessEconomyElectric Vehicles (EVs)ManufacturingNewsPoliticsRegulations

US issues $2 billion in EV tax rebates since Jan 1, Treasury says

The U.S. has issued $2B in EV tax credits for 300,000 vehicles since January, the Treasury said on Tuesday.

A Jeep Wrangler Rubicon is seen during a driving experience at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Jeep owners should park outside pending recall fix, US agency says

NHTSA urges owners of 154,000 Jeep plug-in hybrids to park outdoors due to fire risks from faulty battery packs.

FILE PHOTO: Cars are seen parked at the port in Bayonne, New Jersey, U.S., August 21, 2021. REUTERS/Andrew Kelly/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)Labour

European automakers most at risk from US dockworkers strike, analysts say

European automakers face the biggest impact from U.S. East Coast port strikes, risking supply chain disruptions.

Engines assembled as they make their way through the assembly line at the General Motors (GM) manufacturing plant in Spring Hill, Tennessee, U.S. August 22, 2019.  REUTERS/Harrison McClary/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceManufacturingNews

GM’s Q3 US sales fall about two per cent

General Motors' Q3 U.S. vehicle sales dropped 2.2 per cent, with buyers opting for affordable models like the Trax SUV.

Nearly two-thirds of the world's new solar and wind power capacity in 2023 was installed in China, which added a total of 1.84 million renewable energy jobs, a report finds. (AFP)
BusinessEconomyElectricityIndustryLabourNewsPoliticsSolarStorageWind

China drives record growth in renewable energy jobs: report

Renewable energy jobs hit 16.2 million in 2023, led by China’s 1.84M jobs, as global employment in the sector rose 18 per cent,...

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